Newfoundland Diagnostics

From Handwiki
Short description: Health-testing company in London, England


thumb Newfoundland Diagnostics is a multinational health-testing company headquartered in London, United Kingdom. The company specializes in the development and distribution of diagnostic health tests, both for self-use and professional applications,[1] offering such products available in major retailers for the first time in the United Kingdom.[2]

History

Newfoundland Diagnostics was founded in 2020, focusing initially on the distribution of Covid-19 rapid antigen tests. It served as a distributor for Acon Biotech's Flowflex test during the Covid-19 pandemic, becoming a leading player in this field in the United Kingdom,[3] with revenue of over £100m in its first two years of trading.[4]

The company was instrumental in offering diagnostic kits for various medical conditions, such as thyroid function, bowel health, menopause, kidney health, and HIV in a major retailer, notably for the first time in the United Kingdom,[5] and pharmacies across the country.[6][7]

HIV rapid testing

In June 2023, Newfoundland Diagnostics entered into an exclusive supply agreement with Atomo Diagnostics (ASX: AT1), for the distribution of rapid self-test HIV kits at retailers in the United Kingdom and Europe.[8][9] This gained notoriety as the world's first commercially available, at-home HIV test, which was sold in major retailers, such as Tesco.[10]

Recent developments

In October 2023, the company responded to the anticipated increase in Strep A cases following the 2022–2023 United Kingdom group A streptococcus outbreak by launching Strep A tests in Tesco stores and pharmacies across the United Kingdom.[11] The company aims to provide enough tests to cover 90% of the United Kingdom's at-home testing market.[12][13][14] In May 2024, the company featured within The E2E International 100 track 2024, in association with The Independent. [15]

Market presence and competitive landscape

As of 2023, Newfoundland Diagnostics holds one of the largest market shares in the United Kingdom for at-home diagnostic tests.[1] The company's networks extend into public health sectors, pharmaceutical industries, and retail channels across the United Kingdom and Europe. It has also begun to make inroads into the European self-test diagnostic market.[16] In 2024, Newfoundland appointed Hilary Jones (doctor) to an advisory role. [17]

References

  1. ↑ 1.0 1.1 "Service launches to allow quick diagnostic test turnaround" (in en-gb). 2023-08-16. https://www.med-technews.com/api/content/d261e9d6-3c0c-11ee-9f31-12163087a831/. 
  2. ↑ Williams, Holly; Maule, Will (2023-02-27). "Tesco to stock at-home self-diagnosis health tests nationwide" (in en). https://www.walesonline.co.uk/news/uk-news/tesco-stock-home-self-diagnosis-26337969. 
  3. ↑ "Sigma teams up with Newfoundland Diagnostics" (in en). https://www.pharmacymagazine.co.uk/news/sigma-teams-up-with-newfoundland-diagnostics. 
  4. ↑ "Companies House Financial Accounts". https://s3.eu-west-2.amazonaws.com/document-api-images-live.ch.gov.uk/docs/PUsbBVLKSlj8xucd_M2KqXtsJoULXnXD3PB2i64iJTk/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Credential=ASIAWRGBDBV3LVF334WF/20231101/eu-west-2/s3/aws4_request&X-Amz-Date=20231101T112944Z&X-Amz-Expires=60&X-Amz-Security-Token=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&X-Amz-SignedHeaders=host&response-content-disposition=inline;filename="13095376_aa_2023-09-22.pdf"&X-Amz-Signature=55a81c573d7dd206b3e31704ebf027c0ea54651b0c78f48b744e4dc37a746116. 
  5. ↑ "Tesco launches at home tests to shoppers across the UK in first-of-its-kind deal" (in en). 2023-02-27. https://www.lancashiretelegraph.co.uk/news/23348637.tesco-launches-home-tests-across-500-uk-stores/. 
  6. ↑ "At-home health tests launch in Tesco stores nationwide" (in en). 2023-02-27. https://www.independent.co.uk/news/uk/newfoundland-tesco-covid-nhs-holly-williams-b2290046.html. 
  7. ↑ "Sigma teams up with Newfoundland Diagnostics" (in en). https://www.pharmacynetworknews.com/clinical/1076239-sigma-teams-up-with-newfoundland-diagnostics. 
  8. ↑ "Atomo and Newfoundland sign agreement for HIV testing in Europe". https://biotechdispatch.com.au/news/atomo-and-newfoundland-sign-agreement-for-hiv-testing-in-europe. 
  9. ↑ Seymour, Julia (2023-02-28). "Atomo Diagnostics (ASX:AT1) secures $900k order for HIV self-tests" (in en-US). https://themarketherald.com.au/atomo-diagnostics-asxat1-secures-900k-order-for-hiv-self-tests-2023-02-28/. 
  10. ↑ "Tesco launches at home tests to shoppers across the UK in first-of-its-kind deal" (in en). 2023-02-27. https://www.theargus.co.uk/news/23349159.tesco-launches-home-tests-across-500-uk-stores/. 
  11. ↑ "Strep A tests launching in Tesco and pharmacies to help combat winter shortages" (in en). 2023-10-30. https://www.expressandstar.com/news/uk-news/2023/10/30/strep-a-tests-launching-in-tesco-and-pharmacies-to-help-combat-winter-shortages/. 
  12. ↑ Williams, Holly (2023-10-30). "Strep A tests launching in Tesco and pharmacies to help combat winter shortages" (in en). https://www.standard.co.uk/business/business-news/strep-a-tests-launching-in-tesco-and-pharmacies-to-help-combat-winter-shortages-b1116691.html. 
  13. ↑ A. O. L. Staff (2023-10-30). "Strep A tests launching in Tesco and pharmacies to help combat winter shortages" (in en-GB). https://www.aol.co.uk/news/strep-tests-launching-tesco-pharmacies-000100679.html. 
  14. ↑ "First at-home HIV tests launched in Tesco as sufferers say stigma continues" (in en). 2023-11-30. https://www.independent.co.uk/news/health/home-hiv-test-aids-stigma-b2455408.html. 
  15. ↑ "The E2E International 100 track 2024". 29 May 2024. https://www.independent.co.uk/news/business/e2e-100/the-e2e-international-100-track-2024-b2550831.html. 
  16. ↑ MarketScreener (2023-02-27). "Atomo Diagnostics Limited Announces Significant Purchase Order for HIV Self-Tests for Europe -February 27, 2023 at 04:58 pm EST | MarketScreener" (in en). https://www.marketscreener.com/quote/stock/ATOMO-DIAGNOSTICS-LIMITED-105515737/news/Atomo-Diagnostics-Limited-Announces-Significant-Purchase-Order-for-HIV-Self-Tests-for-Europe-43123491/. 
  17. ↑ "NEWFOUNDLAND DIAGNOSTICS APPOINTS DR HILARY JONES TO ADVISORY ROLE" (in en). https://www.pharmiweb.com/press-release/2024-06-10/newfoundland-diagnostics-appoints-dr-hilary-jones-to-advisory-role. 



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